World Bank approves $12 billion to fund coronavirus vaccines, tests and treatments

The World Bank has approved $12 billion in financing to help developing countries buy and distribute coronavirus vaccines, tests, and treatments, aiming to support the vaccination of up to 1 … Read More

Coronavirus: Over 300 lawmakers urge IMF, World Bank to cancel poor countries’ debt

Over 300 lawmakers from around the world on Wednesday urged the International Monetary Fund and World Bank to cancel the debt of the poorest countries in response to the coronavirus … Read More

‘Pandemic bonds’ prove good for investors, less so for countries battling outbreak

To offset the crushing costs of trying to stem a global novel coronavirus epidemic, the World Bank and partners announced the creation of “pandemic bonds” several years ago: the idea … Read More